NOT LISTED FOR SALE

181 Chestnut Grove Rd Callaway, VA 24067

Estimated Value: $525,674 - $690,000

5 Beds
2.5 Baths
3,148 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $487,605 $155 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,161/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • No HOA
  • Callaway Elementary School Rated 10
  • Deck
  • Detached Garage

About This Home

As of March 2024

Step into a charming turn-of-the-century farm home in a tranquil rural setting with stunning mountain views. Enjoy spacious rooms, a rocking chair front porch, and 14 flat acres for endless possibilities. The property includes an enormous garage and a fully wired workshop, making it a dream for both living and hobbies. This homestead is not just a residence; it's an invitation to a lifestyle defined by space, serenity, and the beauty of nature. Don't miss the opportunity to make this unique but functional gem your own.

Last Agent to Sell the Property

Todd Maxey

KELLER WILLIAMS REALTY ROANOKE License #0225192903 Listed on: 02/03/2024

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

J.c. Taylor

YOUNG REALTY COMPANY License #0225120168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1900

Lot Details

  • 14.12 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • Detached Garage

Interior Spaces

  • 3,148 Sq Ft Home
  • 2-Story Property
  • Den with Fireplace
  • Mountain Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Callaway Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,707

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Fireplace(s): Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • Views: Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1944.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3148
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Viasat
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2024-02-07
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3148
  • TotalBdrm: 5
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3148.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1204.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Paved Road

Schools

  • Elementary School: Callaway
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 14.12

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 1707.00
  • FILLTAXID: 0410005801,0410005805

MLS Schools

  • Elementary School: Callaway
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 14, 2024
Sold by
Rector Eric A and Sklenar Tracy G
Bought by
Andresen Craig Michael and Andresen Nikki Kahlil
Seller's Agent
Todd Maxey
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
J.c. Taylor
YOUNG REALTY COMPANY
List Price
$499,900
Sold Price
$487,605
Premium/Discount to List
-$12,295
-2.46%
Views
118
Current Estimated Value
$578,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,564
Avg. Annual Appreciation
5.79%
Original Mortgage
$487,605
Outstanding Balance
$481,840
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$48,702

Purchase Details

Listed on
Jun 1, 2015
Closed on
Sep 11, 2015
Sold by
Cook Samuel S and Cook Ruth C
Bought by
Rector Eric A and Sklenar Tracy G
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Vicki Thomas
LONG & FOSTER - ROANOKE OFFICE
List Price
$339,900
Sold Price
$339,000
Premium/Discount to List
-$900
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$305,100
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andresen Craig Michael $487,605 First Choice Title
Rector Eric A $339,000 Performance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andresen Craig Michael $487,605
Previous Owner Rector Eric A $305,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $487,605 -2.5% $155 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $499,900 +47.5% $159 / Sq Ft
09/25/2015 09/25/15 Sold $339,000 -0.3% $108 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $339,900 -- $108 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,290 $299,900 $31,800 $268,100
2023 $1,339 $219,500 $24,800 $194,700
2022 $1,339 $219,500 $24,800 $194,700
2021 $1,339 $219,500 $24,800 $194,700
2020 $1,339 $219,500 $24,800 $194,700
2019 $367 $199,300 $24,800 $174,500
2018 $1,216 $199,300 $24,800 $174,500
2017 $1,096 $203,900 $24,800 $179,100
2016 $1,096 $203,900 $24,800 $179,100
2015 $1,101 $203,900 $24,800 $179,100
2014 $1,101 $203,900 $24,800 $179,100
2013 $1,101 $203,900 $24,800 $179,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 904748

Roanoke Valley Association of REALTORS®

APN: 0410005801